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SEC Applications Filed by Grayscale, VanEck, and Other Firms for Ether ETFs

SEC Applications Filed by Grayscale, VanEck, and Other Firms for Ether ETFs

Several major asset managers, including Grayscale and VanEck, have filed new applications to launch Ethereum (ETH) futures exchange-traded funds (ETFs) in the United States. The filings, submitted to the U.S. Securities and Exchange Commission, also include applications from Bitwise, Volatility Shares, ProShares, and Round Hill Capital. Grayscale’s filing includes two applications, one for a Bitcoin ETF and another for an Ethereum Futures ETF. Volatility Shares plans to list an Ether futures ETF, while VanEck’s investment strategy aims to invest in ETH futures contracts equal to 100% of the fund’s total assets. ProShares has outlined its Short Ether Strategy ETF, which will profit on losses of the S&P CME Ether Futures index. These applications follow recent filings from mainstream asset management firms looking to launch Bitcoin ETFs.

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